Word: lowerings
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Frank Bruconi, chief economist in the New York City comptroller's office, estimates that lower Wall Street pay and payrolls will reduce the city's income tax revenue by $368 million alone. Then there's the ripple effect. Many other types of companies throughout the city, from law firms and accountants to corporate-car services and dry cleaners, rely on Wall Street companies and their employees for business. Bruconi says the general rule is that one job cut on Wall Street usually results in a reduction of a job and a half elsewhere in the N.Y.C. economy. All told, local...
...Already, a proposed Ritz-Carlton hotel and convention center has been put on hold, and city officials are afraid a large financial firm that was looking to rent 10,000 sq. ft. downtown will pull out as well. "Clearly we will see some softening," says Malloy. "Although as a lower-cost alternative for the financial-services industry, we will probably not be as adversely affected as New York...
...earth. You think taxes are just a political issue? A few weeks ago, as Apple prepared to launch its new line of laptops, Microsoft execs were on the stump, criticizing what they call the "Apple tax," the premium consumers pay for Macs with the same power and speed as lower-priced...
...Obama and McCain have been talking about on the campaign trail. The demands on government are growing, and investors around the world won't finance huge U.S. deficits forever. Four or eight years down the road, the likeliest scenario is that the overall tax burden will be higher, not lower...
...local affection won't trump the mess he made. If Stevens loses on Nov. 4, the Dems could inch closer to a 60-seat Senate supermajority. He and Palin have not been particularly close, but she could also be tarnished by the sorry spectacle in Alaska. In the Lower 48, the only people cheering Stevens now are Democrats...